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flag India and the EU hold final talks in Brussels to finalize a long-delayed trade deal amid complex issues like carbon taxes and market access.

flag Indian Commerce Minister Piyush Goyal is visiting Brussels January 8-9 for final talks on a long-delayed India-EU Free Trade Agreement, following a stop in Liechtenstein. flag The negotiations, resumed in 2022 after an eight-year pause, have reached their most complex stage, addressing issues like the EU’s carbon border tax, market access for automobiles and food, and intellectual property. flag Bilateral trade in goods hit $136.53 billion in 2024–25, making the EU India’s top goods trading partner. flag Both sides aim to finalize a deal covering 23 chapters, including sustainable development and dispute resolution, to boost exports of Indian textiles, pharmaceuticals, and steel while meeting EU demands for tariff cuts and stronger protections.

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